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Required information [The following information applies to the questions displayed below.) The following events apply to Gulf Seafood for the Year 1 fiscal year: 1. The company started when it acquired $34,000 cash by issuing common stock. 2. Purchased a new cooktop that cost $12,900 cash. 3. Earned $20,800 in cash revenue. 4. Paid $11.900 cash for salaries expense. 5. Adjusted the records to reflect the use of the cooktop. Purchased on January 1, Year 1, the cooktop has an expected useful life of five years and an estimated salvage value of $3,000. Use straight-line depreciation. The adjusting entry was made as of December 31, Year 1. Required a. Record the events in general journal format and post to T-accounts. Complete this question by entering your answers in the tabs below. Req A1 Reg A2 Req A1 Req A2 Record the events in general journal. (If no entry is required for a transaction/event, select "No journal entry required" in account field.) 16 View transaction list Journal entry worksheet bok Record cash received from revenue. tes Note: Enter debits before credits. Event General Journal Debit Credit 3 Record entry clean anto Req A1 Reg A2 Record the events in general journal. (If no entry is required for a transaction/event, select "No journal entry re account field.) 6 View transaction list Journal entry worksheet ok ht Record cash paid for salaries expenses. int ences Note: Enter debits before credits Event General Journal Debit Credit Record entry Clear entry View.coneral lournal Record the events in general journal. (If no entry is required for a transaction/event, select "No journal e account field.) View transaction list Journal entry worksheet A B C D E Record depreciation expense. ht Ences Note: Enter debits before credits. Event General Journal Debit Credit 5 Cash Equipment - Cooktop Beginning Balance Beginning Balance Ending Balance Ending Balance Common Stock Accumulated Depreciation Beginning Balance Beginning Balance Ending Balance Ending Balance Sales Revenue Salaries Expense Beginning Balance Beginning Balance Ending Balance Ending Balance Depreciation Expense Beginning Balance Ending Balance